Canada

Suncor provides update on Ft. McMurray plant fire that injured worker

Suncor provides update on Ft. McMurray plant fire that injured worker

Suncor extends best wishes for speedy recovery to Syncrude employee injured in incident On March 14th, 2017, a worker was injured at Suncor’s Syncrude upgrader plant located north of Fort McMurray. The fire occurred on Tuesday afternoon at about 2 p.m. after an explosion rocked the Mildred Lake Upgrader. Officials say emergency crews were able […]

Alberta government launches bidding for renewable energy program

Alberta government launches bidding for renewable energy program

Renewable Electricity Program will support development of 5,000 megawatts of renewable electricity capacity by 2030 Alberta’s Renewable Electricity Program is expected to attract at least $10.5 billion of investment into the Alberta economy by 2030, creating more than 7,200 jobs for Albertans, according to an Alberta Government press release. The Alberta Electric System Operator is […]

Following Husky oil spill, Saskatchewan reviews pipeline rules

Following Husky oil spill, Saskatchewan reviews pipeline rules

Husky oil spill forced Prince Albert, North Battleford to find temporary alternative water sources The government of Saskatchewan is reviewing its regulations and engineering standards for pipelines around bodies of water following the Husky oil spill last summer. The spill that occurred east of Lloydminster dumped oil into the North Saskatchewan, forcing the cities of […]

By March 23, 2017 0 Comments Read More →
Trans Mountain commitments secured by Kinder Morgan after dip

Trans Mountain commitments secured by Kinder Morgan after dip

Trans Mountain Pipeline commitment fell after Kinder Morgan boosted tolls Kinder Morgan says it has booked the entire 22,000 barrels per day of capacity offered on its Trans Mountain Pipeline expansion after a dip in shipper commitments earlier this month. The $6.8 billion pipeline expansion will nearly triple the amount of Alberta crude transported from the […]

By March 22, 2017 0 Comments Read More →
Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Topics include carbon dioxide capture/storage, water treatment, sustainable land reclamation, novel tailings technologies Alberta Innovates, Canada’s Oil Sands Innovation Alliance (COSIA) and Natural Resources Canada have partnered to host the Oil Sands Innovation Summit 2017, on March 21 and 22, in Calgary, according to a press release. The two-day Summit spotlights the environmental and performance […]

TransCanada’s Mainline pipeline no substitute for access to Asian markets

TransCanada’s Mainline pipeline no substitute for access to Asian markets

Mainline Pipeline transports natural gas from Alberta to Eastern Canada, Northeastern US TransCanada has lowered tolls for customers using its Mainline Pipeline, raising the competitiveness of Canadian natural gas for the near future. However, industry insiders say access to Asian markets is the key to the long-term survival of the industry. Currently, Canada’s $45 billion […]

By March 20, 2017 0 Comments Read More →
One worker injured in Syncrude fire at Mildred Lake Upgrader

One worker injured in Syncrude fire at Mildred Lake Upgrader

Employees evacuated following Syncrude fire The worker injured at the Syncrude fire at the company’s upgrader plant located north of Fort McMurray is reported to be hospitalized in serious, but stable condition. The fire occurred on Tuesday afternoon at about 2 p.m. after an explosion rocked the Mildred Lake Upgrader.  Officials say emergency crews were able […]

By March 15, 2017 1 Comments Read More →
PM Trudeau: Oil majors leaving oilsands acting in own interest

PM Trudeau: Oil majors leaving oilsands acting in own interest

Shell, Marathon Oil sell off oilsands earlier in the week On Friday, Canadian Prime Minister Justin Trudeau dismissed the recent decision by some major oil companies who have decided to sell assets in Alberta oilsands, saying the companies are acting in their own interest. “Businesses will make the decisions they make,” Trudeau said. This week, Shell […]

By March 10, 2017 0 Comments Read More →
Oil sands sales raise doubt over future development prospects

Oil sands sales raise doubt over future development prospects

High operating, production costs force Marathon out of oil sands The province of Alberta and its oil sands, already struggling to compete with cheaper US shale plays, were dealt a major blow when Shell and Marathon announced a major sell off of assets in the world’s third-largest crude reserves. Royal Dutch Shell and Marathon Oil Corp recently […]

Calgary-based Western Energy Services acquiring Savanna Energy

Calgary-based Western Energy Services acquiring Savanna Energy

Western is highly experienced in operating a large scale contract drilling and well servicing company Western Energy Services Corp. is acquiring fellow Alberta services firm Savanna Energy Services Corp.on the basis of 0.85 of a common share of Western for each outstanding Savanna share, the companies announced Wednesday. “This transaction, which has received the unanimous […]